Glottis Limited has informed the Exchange about Action(s) taken or orders passed
GLOTTIS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Glottis Limited received a GST scrutiny notice from the Office of Superintendent of GST & Central Excise on April 17, 2026, alleging excess availment of Input Tax Credit worth ₹2.73 crores for FY 2022-23. The company submitted its reply on April 22, 2026 with reconciliations and clarifications. On April 24, 2026, the GST authorities passed Order GST ASMT-12 dropping the proceedings and closing the scrutiny in favour of the company. There are no financial, operational or other implications from this matter.
This is a positive development for Glottis as the ₹2.73 crore ITC dispute has been resolved in the company's favour with no penalties or financial implications, removing regulatory uncertainty.